Technical
Financial
Distress signals
Property profile

16 Fairview Ave Hamden, CT 06514

OFF-MARKET
Retail properties & Spaces
Property ID
US15-0631387
5,560 SF 0.46 ac lot Built 1982
Entity Owned 15-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE
Year built 1982
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,560 SF
Lot 0.46 ac (20,038 SF)
Zoning code R4
APN HAMD M:2124 B:030 L:00-0000
UPID US15-0631387

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store Wine and Liquor Store
  • Atm Currency Exchange Service

Location

16 Fairview Ave Hamden, CT 06514-4802
Hamden metro Census 165700 NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$593k
Blend (final) Blend
$315k

Owner & transaction history

since 2011
Last sale
$815,000
4 recorded transactions
2011
$1
2005
Price N/A
1996
Price N/A
1994
Price N/A

Zoning & alternative use

R4 · Hamden, CT
Zoning description

A613.1 Any use permitted in any residential zone. Commercial uses are permitted in the R4, R5 and R6 zones only. A613.2 Commercial uses permitted within the planned unit development are those which re authorized in the B…

General category RESIDENTIAL
Top alternative use upside
Restaurant $815,000 +37.6%
Commercial (general) $685,000 +16.1%
Office building $600,000 +1.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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